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JFB Construction Expects Q4 2025 Revenue To Surge 119% YoY

Benzinga·12/23/2025 13:13:27
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JFB Construction Holdings (NASDAQ:JFB), a real estate development and construction company focused on hospitality, commercial, industrial, and residential property development, today announced that it expects Q4 2025 revenues to increase by 119% as compared to Q4 2024 revenues.

"During Q4 2025, we achieved several company milestones and as a result we expect to report a 119% increase in Q4 2025 revenues as compared to Q4 2025 revenues," said JFB Chief Executive Officer Joseph Basile, III.

Q4 2025 highlights and ongoing projects include:

  • Execution of an $18.9 million contract in October for the first of three phases of the construction and continuation of the existing campus of a high school in DeSoto County, Fla. The total value of the contract upon final completion is $100 million
  • Vertical construction on 79 townhouses in Port Salerno, Fla.
  • Approval for the issuance of an $18.9 million bond to act as general contractor for the first phase of construction of the high school
  • Ongoing construction of a Courtyard Marriott in Olive Branch, Miss., in which JFB also has a 25% ownership interest
  • Completion of a $44 million private placement, $34 million of which is designated for general corporate operating expenses